Netscribes' latest market research report titled Logistics Market in China 2014 analyses the logistics industry which involves the transportation and storage of goods from suppliers to intermediate points and finally to the users. Logistics management can be divided into the following segments - transportation, storage and logistics services. This segment is dominated by the manufacturing sector with industrial products occupying the maximum share in the total logistics value. Growth in this market will accelerate the network and density of the five major segments of the market - express, road freight, air freight, contract logistics and international freight forwarding.
The main drivers of this market are the growth in the economy of China and the booming e-commerce market among several other factors. Rising logistics cost and lack of modern logistic facilities are the challenges that the industry faces. The government has implemented several measures to reorganize the regulatory structure of the logistics industry and help the market grow. The market is highly fragmented with a large number of regional players. The market is dominated by foreign players who provide a large number of services by collaborating with local enterprises. Strategies such as increasing the number of services within the industry will help the market grow in the future.
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Get latest Market Research Reports on Logistics . Industry analysis & Market Report on Logistics is a syndicated market report, published as Logistics Market in China 2019. It is complete Research Study and Industry Analysis of Logistics market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.